Yangzijiang Shipbuilding (Germany) Market Value
| B8O Stock | EUR 1.64 0.01 0.61% |
| Symbol | Yangzijiang |
Yangzijiang Shipbuilding 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Yangzijiang Shipbuilding's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Yangzijiang Shipbuilding.
| 12/27/2024 |
| 03/27/2025 |
If you would invest 0.00 in Yangzijiang Shipbuilding on December 27, 2024 and sell it all today you would earn a total of 0.00 from holding Yangzijiang Shipbuilding or generate 0.0% return on investment in Yangzijiang Shipbuilding over 90 days. Yangzijiang Shipbuilding is related to or competes with SBI Insurance, Japan Post, Direct Line, Zurich Insurance, Microchip Technology, UNIQA INSURANCE, and Selective Insurance. Yangzijiang Shipbuilding Ltd., an investment holding company, operates in the shipbuilding activities in the Peoples Rep... More
Yangzijiang Shipbuilding Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Yangzijiang Shipbuilding's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Yangzijiang Shipbuilding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 17.34 | |||
| Value At Risk | (5.41) | |||
| Potential Upside | 3.96 |
Yangzijiang Shipbuilding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yangzijiang Shipbuilding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yangzijiang Shipbuilding's standard deviation. In reality, there are many statistical measures that can use Yangzijiang Shipbuilding historical prices to predict the future Yangzijiang Shipbuilding's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.54) |
Yangzijiang Shipbuilding Backtested Returns
Yangzijiang Shipbuilding shows Sharpe Ratio of -0.0819, which attests that the company had a -0.0819 % return per unit of risk over the last 3 months. Yangzijiang Shipbuilding exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yangzijiang Shipbuilding's Mean Deviation of 2.32, market risk adjusted performance of (0.53), and Standard Deviation of 3.1 to validate the risk estimate we provide. The firm maintains a market beta of 0.37, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Yangzijiang Shipbuilding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yangzijiang Shipbuilding is expected to be smaller as well. At this point, Yangzijiang Shipbuilding has a negative expected return of -0.26%. Please make sure to check out Yangzijiang Shipbuilding's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Yangzijiang Shipbuilding performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.31 |
Poor reverse predictability
Yangzijiang Shipbuilding has poor reverse predictability. Overlapping area represents the amount of predictability between Yangzijiang Shipbuilding time series from 27th of December 2024 to 10th of February 2025 and 10th of February 2025 to 27th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Yangzijiang Shipbuilding price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Yangzijiang Shipbuilding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Yangzijiang Shipbuilding lagged returns against current returns
Autocorrelation, which is Yangzijiang Shipbuilding stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Yangzijiang Shipbuilding's stock expected returns. We can calculate the autocorrelation of Yangzijiang Shipbuilding returns to help us make a trade decision. For example, suppose you find that Yangzijiang Shipbuilding has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Yangzijiang Shipbuilding regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Yangzijiang Shipbuilding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yangzijiang Shipbuilding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yangzijiang Shipbuilding stock over time.
Current vs Lagged Prices |
| Timeline |
Yangzijiang Shipbuilding Lagged Returns
When evaluating Yangzijiang Shipbuilding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yangzijiang Shipbuilding stock have on its future price. Yangzijiang Shipbuilding autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Yangzijiang Shipbuilding autocorrelation shows the relationship between Yangzijiang Shipbuilding stock current value and its past values and can show if there is a momentum factor associated with investing in Yangzijiang Shipbuilding.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Yangzijiang Stock
Yangzijiang Shipbuilding financial ratios help investors to determine whether Yangzijiang Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Yangzijiang with respect to the benefits of owning Yangzijiang Shipbuilding security.